ACFR FY 2023 Final - Flipbook - Page 101
FINANCIAL SECTION
City of Eustis, Florida
NOTES TO FINANCIAL STATEMENTS
Note 7 - Pension Plans (Continued)
Police Ofocers9 Plan
Total pension liability
$ 33,613,852
Plan oduciary net position
(23,470,145)
City9s net pension liability
$10,143,707
Plan oduciary net position as a percentage of the total
pension liability
69ÿ82%
Fireoghters9 Plan
Total pension liability
Plan oduciary net position
$ 15,300,829
(12,986,547)
City9s net pension liability
$ 2,314,282
Plan oduciary net position as a percentage of the total
pension liability
84ÿ87%
The costs of administering the Police Ofocers9 and Fireoghters9 Pension Plans are onanced through
investment earningsÿ
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Annual Comprehensive Financial Report | September 30, 2023
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